Frontline Perspectives: Cyber Protection and Insurability for SMEs

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Presented by

Marcos Alvarez & Alan Abreu

About this talk

Cyber insurance, also known as cyber risk insurance or cyber liability insurance, is a relatively new specialty insurance product that helps protect organizations from the fallout of cyberattacks and hacking threats. Over the past few years, business organizations and governments worldwide have faced a significant surge in cyber incidents. At the same time, insurance companies have also experienced a rise in the severity and frequency of cyber insurance claims. On March 30th, join Marcos Alvarez, Global Head of Insurance at DBRS Morningstar, in a conversation with Alan Abreu, European Cyber Manager and Member of the Underwriting Team at BOXX Insurance Inc., to provide an update on the state of the cyber insurance market and what small and medium-sized companies can do to manage their increasing exposure to cyber risks and to improve their insurability.
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Morningstar DBRS is a leading provider of independent rating services and opinions for corporate and sovereign entities, financial institutions, and structured finance instruments globally. Rating more than 4,000 issuers and 60,000 securities, we are the fourth-largest credit rating agency in the world and a market leader in Canada, the U.S. and Europe in multiple asset classes.